Peoples Utah Bancorp (PUB) Director Jr. Fred W. Fairclough Sells 1,375 Shares

Share on StockTwits

Peoples Utah Bancorp (NASDAQ:PUB) Director Jr. Fred W. Fairclough sold 1,375 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $28.02, for a total value of $38,527.50. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Shares of PUB traded up $0.38 during trading hours on Friday, reaching $28.26. The stock had a trading volume of 71,469 shares, compared to its average volume of 23,010. Peoples Utah Bancorp has a 12 month low of $26.44 and a 12 month high of $38.70. The stock has a market cap of $526.58 million, a P/E ratio of 13.21, a P/E/G ratio of 1.54 and a beta of 0.66.

Peoples Utah Bancorp (NASDAQ:PUB) last released its quarterly earnings results on Monday, January 28th. The bank reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. The business had revenue of $31.63 million during the quarter, compared to analyst estimates of $31.07 million. Peoples Utah Bancorp had a return on equity of 14.90% and a net margin of 31.00%. Analysts anticipate that Peoples Utah Bancorp will post 2.28 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PUB. Wasatch Advisors Inc. raised its position in Peoples Utah Bancorp by 13.8% in the 3rd quarter. Wasatch Advisors Inc. now owns 557,406 shares of the bank’s stock valued at $18,924,000 after buying an additional 67,550 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Peoples Utah Bancorp by 12.9% in the 3rd quarter. Dimensional Fund Advisors LP now owns 387,949 shares of the bank’s stock valued at $13,171,000 after buying an additional 44,457 shares during the last quarter. Vanguard Group Inc increased its position in shares of Peoples Utah Bancorp by 4.7% during the 3rd quarter. Vanguard Group Inc now owns 772,678 shares of the bank’s stock valued at $26,233,000 after purchasing an additional 34,600 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Peoples Utah Bancorp by 4.7% during the 3rd quarter. Vanguard Group Inc. now owns 772,678 shares of the bank’s stock valued at $26,233,000 after purchasing an additional 34,600 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of Peoples Utah Bancorp by 19.6% during the 2nd quarter. Northern Trust Corp now owns 192,245 shares of the bank’s stock valued at $6,862,000 after purchasing an additional 31,522 shares during the last quarter. 37.59% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts recently issued reports on PUB shares. BidaskClub upgraded Peoples Utah Bancorp from a “sell” rating to a “hold” rating in a report on Tuesday, December 25th. ValuEngine cut Peoples Utah Bancorp from a “hold” rating to a “sell” rating in a report on Tuesday, February 12th. Finally, Zacks Investment Research cut Peoples Utah Bancorp from a “buy” rating to a “hold” rating in a report on Tuesday, January 1st.

COPYRIGHT VIOLATION NOTICE: “Peoples Utah Bancorp (PUB) Director Jr. Fred W. Fairclough Sells 1,375 Shares” was originally reported by Zolmax and is the property of of Zolmax. If you are viewing this story on another site, it was stolen and republished in violation of international copyright and trademark law. The legal version of this story can be viewed at https://zolmax.com/investing/peoples-utah-bancorp-pub-director-jr-fred-w-fairclough-sells-1375-shares/2966041.html.

About Peoples Utah Bancorp

People's Utah Bancorp operates as the bank holding company for People's Intermountain Bank that provides retail and commercial banking products and services. The company accepts various deposits, such as checking, rewards checking, savings, and money market deposit accounts, as well as individual retirement accounts and certificates of deposit.

Further Reading: Bear Market – How and Why They Occur

Insider Buying and Selling by Quarter for Peoples Utah Bancorp (NASDAQ:PUB)

Receive News & Ratings for Peoples Utah Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Peoples Utah Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Prime Capital Investment Advisors LLC Purchases 1,530 Shares of Abbott Laboratories
Prime Capital Investment Advisors LLC Purchases 1,530 Shares of Abbott Laboratories
KCS Wealth Advisory Increases Holdings in Costco Wholesale Co.
KCS Wealth Advisory Increases Holdings in Costco Wholesale Co.
Oracle Co.  Shares Bought by Roman Butler Fullerton & Co.
Oracle Co. Shares Bought by Roman Butler Fullerton & Co.
DHX Media Ltd.  Receives Consensus Rating of “Hold” from Analysts
DHX Media Ltd. Receives Consensus Rating of “Hold” from Analysts
Visa Inc  Shares Sold by Mogy Joel R Investment Counsel Inc.
Visa Inc Shares Sold by Mogy Joel R Investment Counsel Inc.
NetEase  Upgraded at China Renaissance Securities
NetEase Upgraded at China Renaissance Securities


 
© 2006-2019 Zolmax.